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<br />Venture Resources, Inc. <br />PO Box 1974 (303) b19-6323 <br />Idaho Springs, CO 80452 Fax: (303) 484-6369 <br />ventureresoarees@-att.uet <br />September 14, 2010 <br />CO Division of Reclamation, Mining & Safety ' C-;- P 6 2010 <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 Dlv.4iGn 0" `?v { 1+?? <br />Attn: Tony Waldron and ey <br />RE: M-2009-076 Application, Second Adequacy Review Response <br />Subject: Acceptable Impoundment Outslope Angle & Request for Decision Date Extension <br />Dear Mr. Waldron: <br />Venture Resources is in receipt of the "Second Adequacy Review" from your office dated September 8`h. <br />As we discussed in this morning's meeting, we would like to learn from the DRMS what impoundment outslope <br />angle will be acceptable (considering stability and revegetation issues) for approval regarding this project. This <br />should be based on the method of hydraulic placement, geotechnical and the proposed impoundment location <br />information which we have thus far submitted. This is in response to a tentative DRMS rejection of our proposed <br />impoundment outslope angle of 1.5H:1 V. <br />Having this acceptable outslope angle information will allow us to make the necessary business decisions on <br />whether or not to proceed to completion with this permit application. Changing this angle will impact the volume of <br />tailings which can be impounded in this proposed location. Venture Resources wishes to thank the DRMS for <br />looking into this. We are faced with a logistically challenging location and would like to find an engineered <br />solution that will allow us to maintain the viability of this project and meet the stability standards prescribed by the <br />DRMS. <br />Inorder to absorb the requested information and to facilitate an accurate response to the "Second Adequacy <br />Review", Venture Resources would like to request a Decision Date extension concerning our application M-2009- <br />076. We wish to request a October 22, 2010 date for re-consideration of this permit issuance. Also, we understand <br />that November 24 will be one year since this application was accepted as filed by the DRMS. <br />Sincerely, <br />Venture Resources, Inc. <br />Ryan J. McHale, PE <br />Vice President <br />Page 1 of 1